Power Experience Across the Globe. We have advised multinational lenders, commercial banks, developers, sponsors, investors, insurers and others in connection with power projects on six continents. We have worked with clients to develop, construct and finance power plants ranging in size from 2 MW to 2,700 MW and utilizing such diverse technologies as nuclear, natural gas, oil, coal, cogeneration, biomass and industrial waste, hydroelectric, biodiesel and geothermal, as well as alternative technologies such as solar, wind and compressed-air energy storage.
Matching Industry Needs with Legal Know-how. Our Power Practice integrates the know-how of King & Spalding’s lawyers experienced in the energy business with lawyers providing comprehensive counselling and representation on the full range of energy regulatory, reliability, markets, and compliance matters, as well as other lawyers specifically focused on the fields of antitrust, financial restructuring, corporate law, environmental law, intellectual property, litigation, mergers and acquisitions, project development and finance, public finance, real estate, tax, telecommunications and technology. Our experience includes:
- Construction and construction finance
- Industry restructuring advice
- Energy management services
- Environmental permitting and compliance
- Project finance
- Energy regulatory, reliability, markets, and compliance
- Mergers and acquisitions and restructuring
- Power litigation and arbitration
- Power project development and restructuring
- Privatizations and capitalizations
Advocating our Clients’ Interests. We regularly counsel and represent clients on energy regulatory, reliability, markets, and compliance issues, including in complex energy regulatory litigation before the Federal Energy Regulatory Commission (FERC), the Commodity Futures Trading Commission, and other federal and state regulatory bodies, and in related appellate and alternative dispute resolution proceedings.
- Representation of independent power producers (IPPs) and power marketers on electric transmission tariff and market rule issues in the United States
- Compliance with North American Electric Reliability Corporation (NERC) electric reliability standards and requirements
- Investigations and audits by FERC and the Commodity Futures Trading Commission (CFTC) in the United States
- Greenfield development of merchant power projects
- Development of merchant electric transmission projects
- The acquisition and restructuring of existing generating plant portfolios
- The development of legislative and business strategies for electric suppliers seeking to succeed in a restructured industry
- The representation of a consortium of major energy companies working to commercialize renewable energy technologies
- The representation of energy consumers with respect to electric and thermal energy purchases in this rapidly evolving market
Tailoring our Power Team to our Client’s Needs. Our power industry clients benefit from a unique combination of extensive industry and practice area expertise, allowing us to implement innovative approaches for their projects and ensuring that they have a legal team tailored to their particular business needs – one that is able to assist them as their needs and the industry changes. Our client and project focus has earned us recognition across the industry.
- Chambers Global selected King & Spalding as one of five finalists for its 2013 Global Projects/Energy Firm of the Year.
- Law360 named King & Spalding a Project Finance Group of the Year in 2014.
- Chambers Global 2010 named Neil Levy and David Tewksbury as “form[ing] a premier IPP FERC regulatory team.”
- Chambers USA ranks King & Spalding lawyers for their energy regulatory and litigation work; hailing it as “fast becoming the premier choice for IPPs and independent power industry bodies in all FERC matters”.
- Latin Lawyer recommends King & Spalding as one of the leading Latin American practices focusing on mergers and acquisitions, project finance, trade and arbitration.
- Chambers Global 2012 recognizes Kelly Malone as a “Key Individual” in Projects & Energy and Euromoney Institutional Investor identifies him as one of the "World's Leading Energy and Natural Resource Lawyers".
- Chambers Global 2013 ranks Mehdi Haroun “as a leader for projects and energy law Africa-wide” and Chambers Global 2011 notes “Paris-based practitioner Mehdi Haroun is qualified to practice in Algeria as well as France, making him a valuable ally for cross-border projects in North Africa. Sources sing his praises for his work in commercial and infrastructure cases in the region, but also note his welcome presence in arbitration matters”.